08-16-2015, 05:20 PM
(This post was last modified: 08-16-2015, 05:49 PM by hendi_alex.)
I've been transforming my portfolio for about ten months now, moving mostly from individual tickers toward ETFs and a couple of CEFs. Also am constructing some Motifs to serve as ETF substitutes where ETFs don't seem to fit the bill for me. I only have a couple of covered calls in place, having mostly abandoned that strategy. Individual positions are all focused in energy. All have long term accumulation as my sentiment. I will continue to accumulate both REITs and MLPs on weakness. Will move ex. US exposure to over 20% weighting. Won't pick up broader US small cap and mid cap exposure until our market corrects by more than 20%.
Here is the Primary portfolio:
![[Image: Screen%20Shot%202015-08-16%20at%206.00.0...zyfeyc.png]](http://i1343.photobucket.com/albums/o794/hendersonag/Screen%20Shot%202015-08-16%20at%206.00.08%20PM_zpsnvzyfeyc.png)
Motifs:
Shipping/drill rig/container lease: approximate 0.5% weighting
Banking: approximate 0.54% weighting
Big Cap Dividend: approximate 0.27% weighting
The motifs have just started being funded. All remain in accumulation until target weigtings are reached.
TNK has 2/3 trading shares in place. The entire position is transient, only being held as long as the trend is my friend. About 1/3 of the portfolio value is still allocated for shorter term trades and/or covered call positions.
Here is the Primary portfolio:
Motifs:
Shipping/drill rig/container lease: approximate 0.5% weighting
Banking: approximate 0.54% weighting
Big Cap Dividend: approximate 0.27% weighting
The motifs have just started being funded. All remain in accumulation until target weigtings are reached.
TNK has 2/3 trading shares in place. The entire position is transient, only being held as long as the trend is my friend. About 1/3 of the portfolio value is still allocated for shorter term trades and/or covered call positions.
Alex